Hot Property

Oscar-winner Reese Witherspoon's Libbey Ranch includes a main house, three guest cottages and a carriage house. (Don Lewis)

The singer-songwriter bought a contemporary Mediterranean in Topanga for $1.975 million.

The five-bedroom, five-bathroom house, built in 2004, has nearly 5,000 square feet of living space and sits on 10 acres. The two-story, with mountain views, features a den, a breakfast area, a family room and a three-car garage.

Hexum has played with 311 since its inception in 1988.

Melissa Oliver and Paul Ferra of Coldwell Banker in Topanga were the listing agents. Joan Duffy of Wish Sotheby's International Realty represented Hexum in his sale and purchase.

R&B singer drops the contemporary

Joining the ranks of 2012 home sellers is R&B and soul singer Freda Payne, who sold a contemporary in L.A.'s "Bird Streets" area this year for $2.25 million. That should buy more than a few bands of gold.

Set on a corner lot, the city-view house has a courtyard entrance with a pool leading to double doors. Features include high ceilings, a step-down living room with a gas- and wood-burning fireplace, an updated kitchen and a den with a wet bar. There are three bedrooms, three bathrooms and 2,692 square feet of living space.

Payne, who turned 70 on Wednesday, gained recognition in 1970 for the hit single "Band of Gold" and has continued to sing and record throughout the decades. Last year she toured Britain as part of the "Soulicious" tour.

Melissa Zee of Rodeo Realty's Sunset Strip office was the listing agent.

A walk-in film vault and a tiki bar

The former retreat of silent and talking movie star Lewis Stone, cast with film giant Greta Garbo in a series of films, is on the market in the Valley Glen area at $1.75 million.

Constructed in 1930 as the main house at his 500-acre ranch in the San Fernando Valley, the 6,500-square-foot residence features a walk-in film vault, six fireplaces, cast-iron chandeliers, six bedrooms and 31/2 bathrooms. The half-acre-plus lot includes a tiki bar, a saltwater swimming pool, a brick courtyard and fruit trees.

Stone, who died at 73 in 1953, is often associated with his recurring role as a judge in the "Andy Hardy" movies in the late '30s and '40s. Among his films with Garbo were "Grand Hotel" (1932) and "Queen Christina" (1933).

Rebekah Schwartz of Hilton & Hyland and Fred Schwartz of Rhodes Realty are the listing agents.

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